Black Business

Former Gang Member Now Runs a Multi-Million Dollar Accounting Firm

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Jeff Badu, a former gang member from Chicago, is now making millions as an entrepreneur, tax practitioner, and owner of his accounting firm. After going through a life-changing event, Badu hopes to also make a change in his community by sharing his story to others and helping guide them with his business how-tos.

Badu, who was born in Ghana, moved to the United States when he was 8-years old. With his young mind, he thought he would feel protected if he joins a gang. But when he did, he realized that the protection the gangs advertised wasn’t precisely real.

 “Between 8 to 16, those were the toughest times of my life because I was surrounded by so much negativity,” Badu said in an interview with WGN TV. “I was trapped, I couldn’t walk certain places.”

 Badu finally decided to change his path after having a conversation with his aunt when he went back to Ghana for a short family vacation. He remembered his aunt told him about his parents’ struggles to take him to the U.S., “went through the lottery system for you to come and mess it up.”

 Since then, he returned to the U.S. with a new mindset, finished studying at Uplift High School, and earned an undergraduate and graduate degree in accounting from the University of Illinois.



 Now, Badu owns an accounting business called Badu Tax Services that caters to 1,500 clients nationwide and in five other countries. He also owns and runs car rental enterprises and real estate investment groups. He was 25-years old when he made his first million.

 All the while he was already making a name in the financial industry, his childhood friend Adura Yaboroh was killed after being shot five times in the head while helping someone with a spare car tire at a gas station. It made another strong impact on his life.

 “I felt very responsible for that because I had turned my life around, but I didn’t go ahead and turn other people’s lives around at that time,” Badu said.

 So he made use of his influence to impact other people positively. He provides resources for scholarships, offers workshops to the youth and homeless, writes articles about property tax, money-making strategies, among many others, and hosts his radio show called Money Talks, where he promotes financial literacy.

 Moreover, he hopes to further bring financial freedom and benefits to other neighborhoods that are in underserved communities. He also aims to use his real estate companies to restore communities that are being plagued by gentrification.

 “What I want to do is help the super hungry to take advantage of resources to live an abundant lifestyle. That’s my purpose in life, and it’s exciting,” he told Block Club Chicago.


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Dotun Peter
the authorDotun Peter
Dotun Peter Dotun Peter, is a dedicated business analyst who joined 54history in 2015 with the aim of staying committed in bringing positive growth.

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